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| | #51 |
| Experienced Warrior War Room Member Join Date: Aug 2009 Location: Canada
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Its weird, I saw on time a business that made 10 grand a month sold for ten grand. I think the buyer definitely one in that case! |
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| | #52 |
| Kevin Farrugia War Room Member Join Date: Aug 2009
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nice site design and work mate
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| | #53 |
| Advanced Warrior War Room Member Join Date: Jul 2002 Location: Portsmouth, United Kingdom
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The bidding is up to $600 with 2 days and 2 hours to go, so advertising that site at Warriors paid off, alongside any help and advice taken for your sales copy |
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| | #54 |
| HyperActive Warrior War Room Member Join Date: Oct 2009
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I've bought a couple of sites on flippa - and don't think this one will sell for anything like the BIN price. In my experience, sites on there with 2 - 3 years of consistent profits, fail to attract much more than 10 x monthly profits as a selling price. I think it will go (or not go) for something like $800-$1,000. |
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| | #55 |
| Advanced Warrior War Room Member Join Date: Jul 2002 Location: Portsmouth, United Kingdom
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Yeah the market is much different from a few years ago ... I bough the free web hosting company Spacetowns.com back in the day (2002) for $4k-6k from ebay... can't remember the exact amount, that had traffic but no revenue streams. Scrapped the project not long after because of a complete hash up by the owner's transfer of the site & content to my servers :/ Regards James |
| "My First Joint Venture Generated Us OVER $633,451.64 PROFIT! How Would You Like Access To The TOP 1250 Internet Marketers Who Can Help You Do The Same?". PM Me About How They Can Help You Explode Your Business.
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| | #56 |
| Warrior Member Join Date: Feb 2009
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How on earth could they not be bidding up to 1k for this site ? If the content really is unique, that's what the site is worth at least |
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| | #57 |
| Banned War Room Member Join Date: Apr 2008 Location: Nigeria
Posts: 1,440
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Thanks to everyone. I am hoping the bids will start coming soon. To those who think I am trying to advertise here, I am not in anyway trying to do that. I only started this thread because I am frustrated. I have done everything including move away from Nigeria due to power problems and the issues associated with Nigeria that you and I know but it is over 1 year I have been online now and I still yet to be able to be making $1k per month consistently which is not because I am trying. I honestly think I am doing all I can to succeed but God knows better. To worsen the situation. Click bank is not sending my checks. I have close to $2k in the account but only $946 have been sent since I have been online which is not helping. I have emailed them but they can't seem to see what is going on. So please note, I am not trying to advertise here for free. I know the consquences of doing that and I will not be stupid to ruin the already fragile reputation I have ( due to being a Nigerian). |
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| | #58 | |
| Suzanne War Room Member Join Date: Jan 2007 Location: Virginia, USA.
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| Quote:
You can only edit the description if there are no bids. Once there is a bid, you can no longer edit it. | |
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| | #59 |
| Senior Warrior Member War Room Member Join Date: Sep 2006 Location: Madison, WI , USA.
Posts: 3,836
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Just thought I'd add my own comment here, as I've bought up several sites before. You already got some great tips with spelling mistakes (which can put off some serious bidders), but here are my main issues if I were a potentially interested bidder: 1. Your site is unproven. Unless I misread, it looks like you've been making money for three months. So it's not really a steady $450 / month -- it's $450 for the last three months. Even though this isn't bad, someone can have a $100 day and not make a dime later -- doesn't mean that they'll get $100 / day forever. This is especially true with sites that are based only on articles or search engine placement for short periods of time, as there's no proven record and often times the rankings can drop and the owner would be left with minimal to no sales. 2. Having said that, your asking price of nearly $4,000 is almost 4x what the site has ever made since it's been in existence. 3. You don't give a lot of details on what it sells or how the buyer can continue selling the same stuff (you say you can make up to $30 commissions -- what's the lowest, what's the average, etc.?). 4. You also don't seem to have a list or any assets like that, which might add value to your purchase since it might be deemed a higher risk purchase. 5. Overall, I'd just say that the price you're looking for is high considering the short lifespan so far of your site, the risk factor to the buyer, etc.. I bet if you lowered that to half of what you're looking for, you might get some more interest if you fix up the other parts, but you might even have a hard time with that. - Brian |
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| | #60 | |||||
| Banned War Room Member Join Date: Apr 2008 Location: Nigeria
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I live with my cousin, his wife, 5 kids, his mother and his 3 young brothers in a 3 room apartment which is not confident for me in anyway. Beside that, selling the site will help me to assit my parents in pay my younger ones school fee. If the site does not sell then I will keep it for another month and let God do what he wants with me. Quote:
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| | #61 | |
| I Get Mine, Got Yours? War Room Member Join Date: Dec 2007 Location: United Kingdom.
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| Quote:
I went to edit a listing of mine but it now has bids and obviously it was greyed out. I didn't know this, I do now! Thanks GoGetta | |
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| | #62 |
| Banned War Room Member Join Date: Apr 2008 Location: Nigeria
Posts: 1,440
Thanks: 59
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Another 2 bids of $1,000 and $1,100 just came in. I am sincerely hoping this site will sell but if not, I will keep it for another month.
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| | #63 |
| Can Content be Addictive? War Room Member Join Date: Nov 2008 Location: UK
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Hey Yommy, I have no experience with flipping, but I've read that if you don't insist on a reserve price... that will encourage people to bid (at a low price of course), and that usually triggers a bidding war. The risk is that you might end up selling it for the less than you intended. The benefit is that you have the social proof of people bidding on the site. Hang tough... and if your reserve price is not met, try again and implement some of the good tips you've been given on this thread. |
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| | #64 |
| Senior Warrior Member War Room Member Join Date: Jan 2006 Location: Pakistan
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Hey Yommy, Best of Luck with your Sale. You have got already enough tips for this. I know how it feels in a difficult situation you are facing there... otherwise in normal circumstances you would have maintained this site for your own and enjoy the passive income for years to come... Hope you get best ROI for your efforts. God help you! Regards, Mohsin |
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| | #65 |
| Banned War Room Member Join Date: Apr 2008 Location: Nigeria
Posts: 1,440
Thanks: 59
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Thanks to everyone, true to your predictions the bids are beginning to come in but I can not believe my hard luck. I have had no internet connection since 1 pm my time yesterday and could not accept the 4 bids that came in. Though the bids have now been accepted but I believe more and higher bids would have come in had I accepted the bids on time. The good thing is that the site keeps good money meaning it will probably surpass the $450 average at the end of this month. I want to sell the site but never at a price lower than $3900. |
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| | #66 |
| SEO Professional! War Room Member Join Date: Oct 2008 Location: Bay Area
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Hey bro, Just saw the listing again, CONGRATS! You DID IT! Its SOLD at BIN of $3,900. On your way to success ![]() Cheers, Roshan |
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| | #67 |
| Advanced Warrior War Room Member Join Date: Aug 2008 Location: New Zealand
Posts: 713
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Hey Yommy, I've seen your rise to success step by step for over a year now. The thing that I admire the most about you given the amount of adversity you've faced, you never gave up. This is what happens when you persevere. You're proof anyone can do it. I'm inspired. Congrats on selling your site for the BIN price. |
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| | #68 |
| Senior Warrior Member War Room Member Join Date: Sep 2004 Location: Gulf Coast, USA.
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Congratulations - I'm so glad it ended well for you! You deserve it. kay |
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| | #69 |
| Banned War Room Member Join Date: Apr 2008 Location: Nigeria
Posts: 1,440
Thanks: 59
Thanked 164 Times in 74 Posts
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I am so happy now. I had the most peaceful sleep in recent time even though I did not know the site has been sold. I gave up on selling it when the highest bid was $2700 but waking up this morning there was a BIN bid which is soooooooooo WONDERFULLLLL. I don't know what to say but I will like to say a big THANK YOU to the warriors. When I started this site, you guys were there to guide me through. When I need to write articles ( with my not so goog English) it was you guys I relied on. When I was frustrated about the site recieving no bids, it was you guys that God Used to give me assurance, hope and the needed strenght to go on. In fact it was one of you who I relied on to help me keep an eye on the auction and to help accept the bids when I could not get online to do it by myself as a result of the cyber cafes being closed for the night. You guys ( Ok I don't want to be sterotype, you guys and gals ) have been my heros and heriones. It is almost 2 years now but I have no regret(s). The wait has been worth it. I have made over $3999 in the offline world before but nothing delights me as much as this. If this is a dream, I hope I don't wake up from it. @ Rosetrees, if you are reading this post, I want you to know you are a warrior indeed. You have been a wonderful addition to me ever since I met you here on the warrior forum. I know without God using you, I probably would not have sold that site. You not only gave me the money needed to list the site, you help customised and redesign the site and not only that you also stayed in front of the computer as late as 1 am your time accepting bids for me. I really appreciate everything you have done and pray that God, the rewarder of man will surely reward you. Today is the best day I have ever had this year and I am sure that HE THAT WATERETH SHALL BE WATERED. As I am glad, so shall you be glad. I need to stop now before tears that dropping.. Thanks to everyone. |
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| | #70 |
| Think Big War Room Member |
Hi Yommys I've been following this thread all week. I'm really happy for you, I had no doubt that the website will sell for the BIN price. I always knew that your commitment and dedication will get you far. You didn't quit, even when you had every reason to. Your amazing progress and success should be a model for every struggling Warrior. Congratulations! |
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| | #71 |
| HyperActive Warrior Join Date: Dec 2008 Location: United Kingdom
Posts: 172
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Perserverence and your faith payed off in the end my friend. Good job.
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| | #72 |
| I Get Mine, Got Yours? War Room Member Join Date: Dec 2007 Location: United Kingdom.
Posts: 1,685
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Awesome Yommy, I am happy for you!! You obviously put a lot of work in and this shows what happens when you do! Awesome!!! GoGetta |
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| | #73 |
| HyperActive Warrior War Room Member Join Date: May 2009
Posts: 309
Thanks: 179
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Yommy, I was reading the thread and wanted to congratulate you on your success. I'm happy for you and can feel your joy and sense of accomplishment coming through the computer. I second your comment on Rosetrees. She is truly a wonderful lady that has helped me tremendously on countless occasions. I thank God that I've found the WF because I'm meeting people that are very giving with their time to help me succeed with my business. Again I'm happy for you because I know it's a wonderful feeling to be able to provide for your loved ones. |
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| | #74 |
| Carol War Room Member Join Date: Aug 2008 Location: UK
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@ Yommy & Bennette - I'm all embarrassed now, thank you both. I don't know what else to say.
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| | #75 |
| a.k.a Stephen Odus Join Date: Dec 2008
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Interesting thread to follow, I love this forum whenever anybody is having any difficulties in his/her niche and ask warrior member for help someone will surely get an answer to solve the problem, Yommy as come out to discourse the problem in his niche that has made him success for selling his site for that price... Keep it up..... |
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